Walt Disney Company (The) (DIS) has been rated by 17 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $125 and the lowest price target forecast is $89. The average forecast of all the analysts is $108 and the expected standard deviation is $10.86.
Walt Disney Company (The) (DIS) : 21 analysts are covering Walt Disney Company (The) (DIS) and their average rating on the stock is 2.52, which is read as a Hold. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Walt Disney Company (The) (DIS) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. A total of 11 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Citigroup maintains its rating on Walt Disney Company (The) (NYSE:DIS). The global brokerage major lowers the current price target from $120 per share to $117 per share. Analysts at the Citigroup have a current rating of Buy on the shares. The rating by the firm was issued on August 11, 2016.
Walt Disney Company (The) (NYSE:DIS): The stock opened at $94.73 on Thursday but the bulls could not build on the opening and the stock topped out at $94.87 for the day. The stock traded down to $93.91 during the day, due to lack of any buying support eventually closed down at $94.26 with a loss of -0.21% for the day. The stock had closed at $94.46 on the previous day. The total traded volume was 6,274,204 shares.
The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries and affiliates, is a diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Media Networks comprise an array of broadcast, cable, radio, publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies, music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.